examples:interfacecurrency
Differences
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| examples:interfacecurrency [2026/10/11 16:24] – created admin | examples:interfacecurrency [2026/10/11 16:31] (current) – admin | ||
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| The existing global inter-system policies and laws have been patched together over the years to satisfy various special interests, resulting in the current complex and unstable system. It inadvertently enables a wide spectrum of illegitimate activities. This includes private manipulation of money systems, arms trade, drug trade, and many others. A fully functional, rational, and pragmatic inter-system currency architecture should eliminate or reduce many of these current weaknesses. | The existing global inter-system policies and laws have been patched together over the years to satisfy various special interests, resulting in the current complex and unstable system. It inadvertently enables a wide spectrum of illegitimate activities. This includes private manipulation of money systems, arms trade, drug trade, and many others. A fully functional, rational, and pragmatic inter-system currency architecture should eliminate or reduce many of these current weaknesses. | ||
| - | **Organizational Structure** | + | **ICN Organizational Structure** |
| The inter-system currency network consists of the participating members, as well as 3 to 10 regional ICN Secretariats that provide administrative support services for all of the members. These Secretariats will be evenly distributed throughout the globe, for security purposes. Each Secretariat is independent, | The inter-system currency network consists of the participating members, as well as 3 to 10 regional ICN Secretariats that provide administrative support services for all of the members. These Secretariats will be evenly distributed throughout the globe, for security purposes. Each Secretariat is independent, | ||
| Line 61: | Line 61: | ||
| To achieve the greatest benefit from network participation, | To achieve the greatest benefit from network participation, | ||
| - | **Accounting Architecture** | + | **ICN Accounting Architecture** |
| The ICN proposed here may require minimal changes to the National Accounting practices of States. Currently, nearly all Countries have two general categories for transactions, | The ICN proposed here may require minimal changes to the National Accounting practices of States. Currently, nearly all Countries have two general categories for transactions, | ||
| - | **ICN Accounts** | + | **ICN Accounts**\\ |
| Account Name\\ | Account Name\\ | ||
| Account Type\\ | Account Type\\ | ||
| Line 88: | Line 88: | ||
| ICN Funding transaction | ICN Funding transaction | ||
| - | 1A. Debit – Sequestered Cash | + | 1A. Debit – Sequestered Cash\\ |
| - | Credit – Cash (domestic Cash) | + | Credit – Cash (domestic Cash) |
| - | 1B. Debit – Cash Reserves (domestic Capital) | + | 1B. Debit – Cash Reserves (domestic Capital)\\ |
| - | Credit – Conversion Cash Reserves | + | Credit – Conversion Cash Reserves |
| ICN De-funding transaction | ICN De-funding transaction | ||
| - | 1A. Debit – Cash (domestic Cash) | + | 1A. Debit – Cash (domestic Cash)\\ |
| - | Credit – Sequestered Cash | + | Credit – Sequestered Cash |
| - | 1B. Debit – Conversion Cash Reserves | + | 1B. Debit – Conversion Cash Reserves\\ |
| - | Credit – Cash Reserves (domestic Cash) | + | Credit – Cash Reserves (domestic Cash) |
| Talon Issuance transaction | Talon Issuance transaction | ||
| - | 1A. Debit – Conversion Cash Reserves | + | 1A. Debit – Conversion Cash Reserves\\ |
| - | Credit – Talon Reserves (Debit * Conversion Rate) | + | Credit – Talon Reserves (Debit * Conversion Rate) |
| - | 1B. Debit – Talons | + | 1B. Debit – Talons\\ |
| - | Credit – Conversion Cash Payable (Debit / Conversion Rate) | + | Credit – Conversion Cash Payable (Debit / Conversion Rate) |
| Talon Liquidation transaction | Talon Liquidation transaction | ||
| - | 1A. Debit – Talon Reserves | + | 1A. Debit – Talon Reserves\\ |
| - | Credit – Conversion Cash Reserves (Debit / Conversion Rate) | + | Credit – Conversion Cash Reserves (Debit / Conversion Rate) |
| - | 1B. Debit – Conversion Cash Payable | + | 1B. Debit – Conversion Cash Payable\\ |
| - | Credit – Talons (Debit * Conversion Rate) | + | Credit – Talons (Debit * Conversion Rate) |
| Talon Payments transaction | Talon Payments transaction | ||
| - | 1. Debit – Talons Reserves | + | 1. Debit – Talons Reserves\\ |
| - | Credit – Talons | + | Credit – Talons |
| Talon Receipts transaction | Talon Receipts transaction | ||
| - | 1. Debit - Talons | + | 1. Debit - Talons\\ |
| - | Credit – Talons Reserves | + | Credit – Talons Reserves |
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